| Initial public offer of up to 35,35,200 equity shares of face value of Rs. 10/- each of archee group contracts limited (the "Company") for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share (the "Offer Price") aggregating to Rs. [*] crores ("the Offer"), comprising a fresh issue of up to 32,05,200 equity shares aggregating up to Rs. [*] crores by the company ("Fresh Issue") and an offer for sale of up to 3,30,000 equity shares ("Offer for Sale") aggregating up to Rs. [*] crores by ms. Monika Dhaka, ("Promoter Selling Shareholder"). Out of the offer, [*] equity shares aggregating to Rs. [*] crores will be reserved for subscription by market maker to the offer (the "Mmarket Maker Reservation Portion"). The offer less the market maker reservation portion i.e. net offer of up to [*] equity shares of face value of Rs. 10/- each at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] crores is herein after referred to as the "Net Offer". The offer and the net offer will constitute [*] % and [*] %, respectively, of the post issue paid up equity share capital of the company.
The price band and the minimum bid lot will be decided by the company.
|
